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How much 403b contribution is to much?

Updated: 9/14/2023
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15y ago

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Our first priority while working is to earn sufficient funds to meet our daily living requirements. If our 403b contributions take away from our day to day needs, we are contributing too much or earning too little.

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15y ago
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Q: How much 403b contribution is to much?
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Related questions

What is the max contribution for 403B 2013?

17000


What is the maximum 403b contribution for 2011?

17,500


What is the 2011 maximum 403b contribution for age 50 and over?

For individuals aged 50 and over, the maximum 403(b) contribution limit for 2011 is $22,500.


What is the maximum 403b contribution for 2009?

According to "My Money Blog" the maximum amount for a 403b increases to $16,500 for 2009. http://www.mymoneyblog.com/archives/2009/01/2009-401k-403b-maximum-salary-contribution-limits.html


Whit is the 403b contribution limits for 2010?

Same as for 2009. No change.


Where can one find online 403b contribution limits calculators?

A 403b contribution limit calculator can be found at a number of websites, including Dinkytown and Intuit. These will help investors work out the best way to get a return.


Does the employer match portion of a 403b counts towards the 2008 max of 15500?

No, the employer matching contribution does not count toward the $15,500 contribution limit for 2008. If you are over age 50 at any time in 2008, you can contribute an additional $5,000 to your 403b plan.


What is the maximum 403b contribution for 2010?

The 402g limit (Pre-tax deferral Maximum) for 2010 is $16,500.


How long after your 403b contribution is deducted from your paycheck should it take to be credited to your 403b account?

That is a guideline of the plan document and varies by the manner by which an employer transfers the funds to the plan. Ask your employer or the plan reperesentative for specifics.


Can you contribute to both a 401k and 403b in the same year?

Yes, this is possible if you earn enough and the plans allow it. Your total contribution amount, 401k plus 403b can not exceed the $15,500 ($20,500 if over age 50) for 2008.


How do you close a 403B account?

can i close my 403b account


What is the maximum 403b contribution for 2012?

The basic salary deferral limit for 2012 is $17,000. The catch-up provision for those 50 and older is an additional $5500.